Is This Stock a Screaming Buy: Systemax Inc. (NYSE:SYX)

Equity Research firms currently have a positive stance on shares of Systemax Inc. (NYSE:SYX). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $14.00 on a short term basis.

At the time of writing, the stock was trading at $7.63. This represents a change from the opening price of 0.13%. In terms of performance, year to date, the stock is -10.73%. The monthly stock performance comes in at -9.92%. For the quarter, shares are performing at -11.76%. Weekly performance analysis shows the equity at -3.30%.

In taking a look at technical levels, shares are trading -6.87% away from the 50 day simple moving average and -10.90% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -23.23% away from it’s 52- week high and 6.04% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Systemax Inc.’s RSI stands at 35.96. In looking at volatility levels, the shares saw weekly volatility of 3.17% and 3.55% over the past month.

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